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Economy News

  • 17
  • Jun
PORT SAID, Egypt, June 17, 2018 (MENA) - As many as 26 ships have been handled at Port Said harbours, the Port Said harbours authority affiliated to the General…
  • 17
  • Jun
CAIRO, June 17, 2018 (MENA) - The raise of fuel prices won't affect the price of subsidized bread, which is only LE 0.05, Egypt's Supply Minister Ali Moselhy said…
  • 17
  • Jun
CAIRO, June 17, 2018 (MENA) - New measures taken earlier Saturday to cut fuel subsidies were urgently needed to maintain stable financial conditions, mainly after the increase of global…
  • 17
  • Jun
CAIRO, June 17, 2018 (MENA) – Egypt's Prime Minister and Minister of Housing, Utilities and Urban Communities Mostafa Madbouli asserted late Saturday that the price of bread will not…
  • 17
  • Jun
NEW YORK, June 17, 2018 (News Wires) - The rising tensions over global trade policy are prompting some top-performing international fund managers to look for the companies that can…
  • 17
  • Jun
WASHINGTON/BEIJING, June 17, 2018 (News Wires) - US President Donald Trump said he was pushing ahead with hefty tariffs on $50 billion of Chinese imports on Friday, and the…
  • 14
  • Jun
DUBAI, June 14, 2018 (News Wires) — The United Arab Emirates’ flagship carrier Etihad posted losses of $1.52 billion in 2017 despite a slight bump in revenue compared to…
  • 13
  • Jun
CAIRO, June 13, 2018 (MENA) - The Financial Supervisory Authority (FSA) will play a more monitoring role on all companies registered in the Egyptian Exchange, head of the authority…
  • 12
  • Jun
CAIRO, June 12, 2018 - The Egyptian Exchange closed on mixed note on Tuesday, driven by Arab and local investors' sell-offs, in preparation for Eid El-Fitr. Market capitalisation gained…
  • 12
  • Jun
CAIRO, June 12, 2018 (MENA) - Egypt's General Authority for Supply Commodities (GASC) signed contracts on Tuesday to import 420,000 tons of wheat from Russia and Romania.Upon an international…